Actuarial firm Punter Southall has appointed a new principal to its Scottish operation.

Gerry Devenney will be based in the Edinburgh office and in charge of business development in Scotland and the North of England.

He has more than 20 years experience in the pensions industry and joins from HSBC Actuaries and Consultants.

John Batting, chief executive of Punter Southall, said: "We are very pleased to be able to attract someone of Gerry's calibre and experience and view his appointment as a key part of our strategy to build on our existing presence in Scotland and the North of England.

"It underlines our commitment to strengthening our local capability in that area, something we are confident that Gerry's appointment will enhance."